Some Toll Hike Revenues to be Escrowed for Future NJ Transit Help
At an Assembly budget committee hearing, the state transportation commissioner warns the budget adopted next summer will be quite challenging for NJ Transit.
Gas Tax
N.J. gas tax to increase more than 9 cents a gallon in October
State gas taxes in New Jersey will rise to 50.7 cents per gallon. Gas consumption is down in the COVID-19 recession, triggering a hike under a state formula.
Plunging Gasoline Sales Could Mean NJ Gas Tax Hike This Fall
New Jersey's gas tax rises each year as sales decline, to ensure the state a steady level of revenue. The stay-at-home order has made gasoline sales shrivel.
How Do You Tax a Car That Doesn’t Use Gas? NJ May Seek Ideas
How do you pay for upkeep of New Jersey’s roads if a growing number of cars don’t pay gas taxes because they don’t use gasoline?
No New Gas Tax: NJ Says No to Another Hike This Year
The tax will stay at 41.4 cents per gallon for gas and 48.4 cents per gallon for diesel fuel.
Gas tax hike coming? Treasurer says no, sales trend says yes
Gasoline sales continue to decline in New Jersey, raising the possibility of another gas-tax hike this fall. The Murphy administration thinks it can be avoided.
NJ's Gas Tax Rises 4.3 Cents a Gallon
The 22.6-cent increase approved in 2016 allows for yearly increases if collections go down. They were $125 million short last year.
NJ Gas Tax to Increase in October
New Jersey's gas tax will increase 4.3 cents a gallon on October 1, the state Treasury Department announced. At 41.4 cents, it will be sixth highest in the nation.
Gas Tax Going Up, But Gas Prices May be Coming Down
New Jersey gas prices will remain steady for the Labor Day weekend. But what about the fall season?
Murphy: Raising Gas Tax Again Not Popular But Necessary
This week we got word that gas tax collections have fallen behind expectations in the Garden State, which means the gas tax could be increased by 3 or 4 cents a gallon this fall.